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Record estimate for disputed Picasso painting

A Picasso painting owned by Andrew Lloyd Webber’s Art Foundation, which was at the centre of a dispute about its Nazi-era history, is to go under the hammer. Lloyd Webber — composer of musicals like “Cats” — originally announced his intention to sell “Portrait of Angel Fernandez de Soto” for charity in 2006. It was [...]

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BMW plans to launch small, high-end car

Luxury car maker, BMW, said Wednesday it planned to launch its own small car that might be based on its Mini model to serve a sector that is developing rapidly. “We expect by 2020 growth of between four to six percent” in the market for small, high-end automobiles, BMW boss Norbert Reithofer told a press [...]

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Beginning of the end for Maybach

Maybach 62 Landaulet could possibly become the very last model from Maybach, if Daimler decides to end the ultra-luxury line in the years to come. It’s no secret Maybach has been a major flop: sales and growth have been poor in recent times compared to rival brands Rolls-Royce and Bentley. Daimler’s Vice-President of Design, Gordon [...]

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Watchmakers go back to basics

Luxury watchmakers are going back to basics with classic designs, as industry players at the world’s biggest watch fair in Switzerland warned Wednesday that the “years of extravagance” were over. While the industry is reporting a glimmer of recovery, watchmakers gathering in the Swiss city of Basel also noted that recovery was fragile and that [...]

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Bugatti 16C Galibier concept in black

Unveiled at last year’s Frankfurt show to a very select audience, the “four-door Veyron” remains a concept for now, but new images have surfaced showing the Galibier in black. We like it considerably more this way, rather than the exposed carbon and blue shown before. These new photos have also given us a chance to [...]

rolex-explorer

Baselworld 2010: New Rolex Explorer

Rolex is refining its classics for 2010. The new Explorer I for 2010 has been given a slightly wider new dial (39mm) and comes complete with polished numeral indexes, and a whole heap of luxurious refinement. In the watchmaking world, the Oyster is iconic and mythical. Introduced in 1926, it is the first waterproof wristwatch. [...]

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